CRA Mortgage Loan Originator

CRA Mortgage Loan Originator

Hometown Mortgage, a division of bankESB, is searching for a Mortgage Loan Originator, Outside Sales with the primary responsibility of originating loans in Springfield, Massachusetts. This position offers a high salary and commission incentives for production. Bilingual in Spanish / English strongly preferred. Candidate should have proven track record of lending in the Worcester market.

Primary Responsibilities :

• Interviews residential and consumer loan applicants to facilitate a prequalification or application for any of the Banks Residential loan products.
• Counsels applicants as to the different programs available.
• Actively cross sell the Banks products and services.
• Requests, receives, and reviews customer application documentation.
• Serves as the client contact during the application, processing and through closing milestones.
• Keeps client and constituents updated as to status of loan.
• Responsible for communicating, verifying, and facilitating the pricing and locking of loans with the secondary market team / Lock desk.
• Monitors changes to internal and secondary market lending standards and practices.
• Works with Operations, the Closing department and Lock desk to facilitate the timely scheduling of a loan closing.
• The MLO participates in requests for missing or incomplete information required to close loan.
• Understand the Banks Credit policy, approval authority, MLO responsibility, minimum standards, and application timelines.
• The MLO must understand the Banks internal lending standards as well as regulatory requirements.
• Regularly contacts and solicits business from their own data base, realtors, networking groups and other professionals.
• Develop and deploy their own marketing and business development plan in order to establish a pipeline and network of referral sources.
• Monitor pipeline and lead generation progress and provide reporting on activity as needed.

Position Requirements :

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and / or ability required. Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.